Metals and Energy Technical Report - Sept 01, 2015 : Angel Commodities-Shanghai Metals Market

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Metals and Energy Technical Report - Sept 01, 2015 : Angel Commodities

Industry News 04:33:25PM Sep 01, 2015 Source:SMM

By Paul Ploumis 01 Sep 2015  Last updated at 02:32:36 GMT

Intraday Strategy: Buy MCX Dec Silver between 34950-35000, SL-34650, Target-35650

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctUp26450 26560 26682 26790 26900
Spot Gold 

Up1130 1136 1141.80 1148 1154
Gold Hedge NCDEX SeptUp24000 24100 24180 24270 24370
Silver MCX DecUp34650 35000 35333 35650 36000
Spot Silver

Up14.27 14.47 14.65 14.84 15.02
Silver Hedge NCDEX NovUp31300 31500 31722 31950 32200
 Base Metal
 Copper 

Sideways5060 5090 5135 5175 5215
 Copper MCX NovSideways336  338 341.80 345 348
 Zinc MCX SeptSideways118.50 119.50 121.30 122.00 123.00
 Lead MCXSeptSideways114.20 115.00 115.95 116.70 117.50
 Aluminium MCX SeptSideways105.40 106.20 107.15 107.80 108.50
 NickelMCX SeptSideways648 660 668.10 675 685
 Energy
 Crude Oil MCX SeptSideways3145 3190 3230 3260 3300
 Crude Oil NYMEX OctSideways46.50 47.10 47.71 48.20 48.80
 Crude Oil NCDEX SeptSideways2865 2900 2943 2970 3010
 Brent Crude OilMCX SeptSideways3055 3085 3120 3165 3215
 Brent Crude OilICE OctSideways51.40 52.00 52.66 53.30 53.90
 Natural GasMCX SeptUp173 175 178.70 181 185

Recommendations

Silver MCX Dec Contract

Intraday Strategy: Buy MCX Dec Silver between 34950 – 35000, SL – 34650, Target – 35650

Natural Gas MCX Sept Contract

Intraday Strategy: Sell MCX Sept Natural Gas between 181 – 182, SL – 185, Target – 175

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices 

Metals and Energy Technical Report - Sept 01, 2015 : Angel Commodities

Industry News 04:33:25PM Sep 01, 2015 Source:SMM

By Paul Ploumis 01 Sep 2015  Last updated at 02:32:36 GMT

Intraday Strategy: Buy MCX Dec Silver between 34950-35000, SL-34650, Target-35650

Morning Technical Levels for Metals and Energy

CommodityExchangeContract TrendS2S1LTPR1R2
Gold MCXOctUp26450 26560 26682 26790 26900
Spot Gold 

Up1130 1136 1141.80 1148 1154
Gold Hedge NCDEX SeptUp24000 24100 24180 24270 24370
Silver MCX DecUp34650 35000 35333 35650 36000
Spot Silver

Up14.27 14.47 14.65 14.84 15.02
Silver Hedge NCDEX NovUp31300 31500 31722 31950 32200
 Base Metal
 Copper 

Sideways5060 5090 5135 5175 5215
 Copper MCX NovSideways336  338 341.80 345 348
 Zinc MCX SeptSideways118.50 119.50 121.30 122.00 123.00
 Lead MCXSeptSideways114.20 115.00 115.95 116.70 117.50
 Aluminium MCX SeptSideways105.40 106.20 107.15 107.80 108.50
 NickelMCX SeptSideways648 660 668.10 675 685
 Energy
 Crude Oil MCX SeptSideways3145 3190 3230 3260 3300
 Crude Oil NYMEX OctSideways46.50 47.10 47.71 48.20 48.80
 Crude Oil NCDEX SeptSideways2865 2900 2943 2970 3010
 Brent Crude OilMCX SeptSideways3055 3085 3120 3165 3215
 Brent Crude OilICE OctSideways51.40 52.00 52.66 53.30 53.90
 Natural GasMCX SeptUp173 175 178.70 181 185

Recommendations

Silver MCX Dec Contract

Intraday Strategy: Buy MCX Dec Silver between 34950 – 35000, SL – 34650, Target – 35650

Natural Gas MCX Sept Contract

Intraday Strategy: Sell MCX Sept Natural Gas between 181 – 182, SL – 185, Target – 175

Courtesy : Angel Commodities


Key Words:  base metal  base metals prices